JPMorgan Lifts PT on Barclays (BCS) – Here’s Why

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Noor Ul Ain Rehman

Wed, June 24, 2026 astatine 7:17 AM CDT 2 min read

Barclays PLC (NYSE:BCS) is 1 of the apical inexpensive maturation stocks to get rich. JPMorgan lifted the terms people connected Barclays PLC (NYSE:BCS) to 600 GBp from 590 GBp connected June 12 and maintained an Overweight standing connected the shares. The standing update came the aforesaid time Barclays PLC (NYSE:BCS) announced that Barclays Bank UK PLC entered into an statement to get GoHenry, operating done GoHenry Limited, from Acorns Grow Incorporated. It expects the completion of the transaction to hap successful fiscal Q4 2026, taxable to definite regulatory approvals and different conditions.

Is Barclays PLC (BCS) the Best Undervalued UK Stock to Buy Right Now?

Management stated that GoHenry is 1 of the astir recognised brands for younker banking successful the UK younker banking segment, and presently serves much than fractional a cardinal UK children.

Barclays PLC (NYSE:BCS) further reported that the transaction is anticipated to trim its CET1 ratio by astir 5bps upon completion, based connected its CET1 ratio arsenic astatine 31 March 2026, and that the transaction volition not impact fiscal guidance oregon targets for Barclays Group oregon Barclays UK for 2026 oregon 2028.

Barclays PLC (NYSE:BCS) is simply a slope holding institution that provides recognition cards, retail banking, firm and concern banking, and wealthiness absorption services. The company's operations are divided into the pursuing segments: Barclays United Kingdom (UK), Barclays United Kingdom (UK) Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank, Barclays United States (US) Consumer Bank, and Head Office.

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